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Globalization’s long-assumed inherent values – free trade and interconnected economies – are under the most intense scrutiny in decades. According to the International Monetary Fund’s David Lipton, the worldwide slow-growth environment is raising significant questions about the efficacy of the international economic architecture. He argues that structural changes would restore growth and deliver gains for everyone. getAbstract recommends this perceptive analysis to executives, policy makers and investors interested in the future of globalization.

In this summary, you will learn

What benefits globalization should produce,

Why antiglobalization sentiment is growing and

What policies can address globalization’s adverse effects.

About the Author

David Lipton is first deputy managing director at the International Monetary Fund.

Summary

Since the 1970s, policy makers have espoused the enormous positive impacts of globalization, trade, foreign direct investment and interconnected economies. Most notably, those benefits include robust economic growth, technology transfer, rising living standards and the reduction of poverty. But the ...